SOLAR INCENTIVE FUND

Funding for residential solar incentives cleared an important hurdle Wednesday when the California Energy Commission approved a 3-year investment plan that includes another $50 million in funding for the New Solar Home Partnership program (NSHP). As required by a 2012 budget trailer bill (SB 1018), the CEC is required to develop an investment plan for the funds collected via the Electric Program Investment Charge (EPIC).